Article Spotting a Forex Scam

T2W Bot

Staff member
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The spot forex market is said to trade at over $1 trillion a day. Combine that with currency options and futures contracts, and the amounts could literally be another couple of trillion traded on any given day.
Historically Speaking In its 2009 report, the Foreign Exchange Committee at the Bank of International Settlements estimated the total numbers of forex related transactions to be $3.2 trillion. With this type of money floating around an unregulated spot market that trades over the counter with no accountability, forex scams can only increase with the lure of earning fortunes in limited amounts of time. Many of the old popular scams have ceased, due to serious enforcement actions by the Commodity Futures Trading Commission (CFTC) and the 1982 formation of the self-regulatory National Futures Association. However, many scams still exist, and new ones keep arising
The old forex scam was founded based on computer manipulation of bid/ask spreads. The point spread...
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NVP

Legendary member
37,467 1,961
OMG

lord oh lord have you opened up the floodgates to the T2W "old gits brigade"

Gird those Loins
NVP
 

pboyles

Legendary member
8,072 1,302
Could the professor kindly list a few systems that can potentially earn substantial income?



Although many crooks sell systems, there are plenty of sellers who are decent and legitimate and have systems that have been properly tested to potentially earn substantial income.
 

kwickwool

Well-known member
291 30
Could the professor kindly list a few systems that can potentially earn substantial income?



Although many crooks sell systems, there are plenty of sellers who are decent and legitimate and have systems that have been properly tested to potentially earn substantial income.
Possibly, but would they be trying to sell them on this forum if they had a proven system with track record? To the right financial institute any system proven would have significant value compared to selling it to the herd and all the hazzle that comes with that.

and once sold to a major financial company without exclusivity then is a fairly strong selling point if indeed you want to include the herd?
 
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